Johnson & Johnson (NYSE:JNJ) reported its Q2 results on July 19th 2016, which topped analysts’ estimates, leading the stock higher where it has stabilized since. We listened in on the earnings call and here are three reasons to be modestly bullish on the stock on the back of the Q2 results conference call.
Read more at:
Too quick to sell
There is no doubt that the markets were unprepared for Britain´s decision to exit the European Union (EU). The experts, the betting sites and even the fund managers got it horribly wrong as everyone was expecting Britain to remain in Europe (Bremain). Well the chickens came home to roost when the Brexit side won. The financial markets, calm the week before, were rattled as everyone wanted to sell their stocks before the markets dipped further. Those who